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Sold on 22 May 2022

165-169 Thomas Street Dandenong VIC 3175

  • Offices
  • 15,070 m²
  • Sold

THE FIRST LONG LEASED GOVERNMENT OFFICE IN MELBOURNE OFFERED TO MARKET IN 30 YEARS

  • A-Grade office Investment
  • Long WALE of 10 years
  • 100% office occupancy

GSO Dandenong is a premium and modern 8-level A-Grade office building 98% leased to the Victorian State Government until 2032 providing a long 10-year WALE and securing income stream to the strongest rates tenant covenant.

GSO Dandenong is centrally located in the capital of Melbourne's south-east and highly connected adjoining Dandenong Train Station and other key surrounding major infrastructure.

GSO Dandenong was recently built by world leading developer and architects featuring high ESG credentials and superior tenant amenity including expansive end of trip facilities, abundance of natural light with floor to ceiling height windows and large outdoor terrace.

Key features of the property include:
A-Grade office Investment
Net Lettable Area: 15,071 sqm
Flexible office floor plates ranging from 1,906 to 2,208 sqm
204 car spaces
Long WALE of 10 years
100% office occupancy, leased to Victorian State Government
High ESG credentials: 5.5 Star NABERS Energy Rating, 6.0 Star NABERS Water Rating, and 6.0 Star Green Star Rating
Strong fixed income growth of 3.50% per annum
Premium building services
Excellent End of Trip facilities

This is an unprecedented Melbourne investment opportunity of the highest calibre.

A 100% freehold interest in GSO Dandenong is being offered for sale exclusively by Knight Frank via International Expressions of Interest closing Wednesday, 30 March 2022 at 2pm (AEDT).

Note: All figures are approximate only.

Property Highlights

Date Sold22 May 2022
Floor Area15,070 m²
Land AreaAsk Agent
Energy5.5-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Property ID2017614533
Category
Last updated  10 Jun 2022
Map for 165-169 Thomas Street Dandenong VIC 3175

Property Highlights

Date Sold22 May 2022
Floor Area15,070 m²
Land AreaAsk Agent
Energy5.5-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Property ID2017614533
Category
Last updated  10 Jun 2022
Level 29, 120 Collins Street Melbourne VIC 3000
Paul Kempton
Paul Kempton
Knight Frank - Melbourne
Trent Preece
Trent Preece
Knight Frank - Melbourne
Neil Brookes
Neil Brookes
Knight Frank - Sydney

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